THE TRUTH ABOUT: Mervyn king - Caught on Camera

Fed says too little, RBI is too predictable. Both may have a problem

The US Fed and RBI face opposite communication risks: Kevin Warsh’s reduced guidance leaves markets uncertain about how the Fed will react, while RBI’s predictable rate decisions risk convincing investors that hikes are unlikely, potentially making future policy changes more disruptive.

The Economic Times · Aug 11

US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy framework

Federal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists will lead this extensive review. These panels include experts from academia, business, and technology sectors. The review will examine monetary policy, communication, data analysis, and operational decision-making. This broad effort signals a reassessment…

The Economic Times · Jul 13

Raghuram Rajan, Karen Dynan to co-lead Fed task force reviewing central bank's $6.7 trillion balance sheet

Federal Reserve Chair Kevin Warsh announced five task forces to suggest operational changes. These groups will include prominent economists and business leaders from various fields. One task force will examine artificial intelligence's impact on productivity and jobs. Another will focus on evaluating the central bank's data sources. These efforts aim…

The Economic Times · Jul 10

Income tax will have to rise, ex-Bank of England chief warns, as he blasts Reeves’ ‘irresponsible’ promises

Mervyn King says there is ‘no harm’ in raising the basic rate of income tax as he urged Rachel Reeves to act over ‘silly things’ said before the election

The Independent UK · Feb 27, 2025

No tax hike ‘on payslips’, minister insists amid confusion over ‘working people’

Bridget Phillipson refused to say whether a small business owner earning around £13,000 in net profit would count as a working person.

Evening Standard · Oct 27, 2024

Keir Starmer’s warning to ministers after cabinet Budget row erupts

Angela Rayner leads revolt against ‘huge’ spending cuts in Rachel Reeves’s Budget

The Independent UK · Oct 17, 2024

Angela Rayner leads Cabinet revolt against Reeves’ ‘huge’ Budget cuts

Senior ministers are pushing back against cuts as Rachel Reeves finalises her first Budget as chancellor

The Independent UK · Oct 17, 2024

The £40bn question: How will Rachel Reeves balance the books?

Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and borrowing in her Budget, dwarfing previous estimates of the fiscal ‘black hole’

The Independent UK · Oct 16, 2024

Ex-Bank of England chief Mervyn King urges Rachel Reeves to raise national insurance in Budget

Exclusive: In a dramatic intervention, the former governor of the Bank of England tells the chancellor she must be ruthlessly honest with the public

The Independent UK · Oct 15, 2024

Watch out, Rachel Reeves: the old guard is ganging up on your borrowing ambitions

The shadow chancellor had plans to increase borrowing to invest in infrastructure and more, but the weight of expert disapproval is wearing her down

The Guardian - UK · Jan 13, 2024